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Dec 11, 2012
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we'll take it to the tablet environment. we'll take it to the online environment. we have another product called the smart office. they have the ability to talk to an investment rep, mortgage rep. liz: can i deposit check by showing it to the teller? >> you can do that online anyway. you can do that through a mobile application out today. in our machine you actually scan it in and verifies the check as authentic. liz: disruptive technology it is known as. ugenius is the product. the founder and ceo, gene pranger. >> thank you. liz: david, he wasn't even a banker. david: you have to think out of the box. >>> some investors are looking to hard assets. robert gray is here to tell us which ones and why coming next. having you ship my gifts couldn't be easier. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. david: more investors are looking for ways to hedge inflation adding hard assets. liz: that includes taxic
we'll take it to the tablet environment. we'll take it to the online environment. we have another product called the smart office. they have the ability to talk to an investment rep, mortgage rep. liz: can i deposit check by showing it to the teller? >> you can do that online anyway. you can do that through a mobile application out today. in our machine you actually scan it in and verifies the check as authentic. liz: disruptive technology it is known as. ugenius is the product. the...
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Dec 13, 2012
12/12
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i'm expecting a zero rate environment for long time. liz: what about the fiscal cliff and if it affected me go over, are you changing investments in that regard? >> no, we are not changing that as well because it is baked in for a large extent. even if it does go over, really don't think it is a big deal. liz: we love you, but why are you saying it is baked in when we were up, john boehner comes out and speaks and we fall. look at an intraday of any one of the major indices and that is exactly what we see. they punch of green at the open and we were fine until he started talking with the fact we may not get a deal, there is a big impasse. >> little at the beginning i really think what is overshadowing this is the fed is saying they will stay in the game until we have a much lower unemployment rate telling me they're expecting a recession, which we're expecting anyway if we go over the cliff.% liz: where are you putting your clients money right now? the last time you were here, you are staying away from the overseas market. do you still
i'm expecting a zero rate environment for long time. liz: what about the fiscal cliff and if it affected me go over, are you changing investments in that regard? >> no, we are not changing that as well because it is baked in for a large extent. even if it does go over, really don't think it is a big deal. liz: we love you, but why are you saying it is baked in when we were up, john boehner comes out and speaks and we fall. look at an intraday of any one of the major indices and that is...
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Dec 12, 2012
12/12
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taxes and health care cost, brin buried about going or the fiscal cliff, nobody will be hiring in this environment. even though the fed is doing what they can, and will not translate into more jobs until the fiscal uncertainty gets removed. liz: ben bernanke said they will not tie any future fed rate moves to a point on the unemployment chart, that is 6.5%. we are well above 7%, so it will take a while, around midway 2015. they have never done that. >> they have been providing to say the rates will probably stay low. i have tried to be even more clear we will not be raising interest rates as one of the employment rate is above si abo. liz: what happens it is 6.5% and in part due to less than exciting participation in the labor force? >> ben bernanke address that in his report. none of these numeric thresholds are an absolute trigger. he said if we get below 6.5% but inflation is still low, they may think raising rates could still be inappropriate for he was very clear the fed still have a lot of wiggle room but at least you don't have to worry about raising interest rates until we get those marker
taxes and health care cost, brin buried about going or the fiscal cliff, nobody will be hiring in this environment. even though the fed is doing what they can, and will not translate into more jobs until the fiscal uncertainty gets removed. liz: ben bernanke said they will not tie any future fed rate moves to a point on the unemployment chart, that is 6.5%. we are well above 7%, so it will take a while, around midway 2015. they have never done that. >> they have been providing to say the...
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Dec 13, 2012
12/12
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like all businesses an industry you hhve to come prodate to changing environments. how do you lure customers through the door even without their skies? >> san drashgs short term and long term. without your skis you turn to bike paths. a lot of people like to go mountain biking. you turn to hiking. take people on beautiful alpine slopes when there is not slope. you may have to reduce rates to do it. at end of the day it is about sking, ski slopes. we need snow. snow is currency for these folks. at that's what we need. long term we have to go after the carbon pollution warming planet. we have to go after power plants. we have to invest in renewable and solar and wind efficiency. sandra: i don't want to dive too much into the climate change argument, what i want is to know the solution? you have to open the doors late. there are other extracurricular activities you can do, and ride bikes. you have to change as industry whole, if this is climate change causing this you have to adapt and change for the long term. saying hey, there is a bike trial i don't know if that wil
like all businesses an industry you hhve to come prodate to changing environments. how do you lure customers through the door even without their skies? >> san drashgs short term and long term. without your skis you turn to bike paths. a lot of people like to go mountain biking. you turn to hiking. take people on beautiful alpine slopes when there is not slope. you may have to reduce rates to do it. at end of the day it is about sking, ski slopes. we need snow. snow is currency for these...
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Dec 12, 2012
12/12
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but it's very different in a rural environment to have guns than in an urban environment to have guns. that's where i have the concern. and if you talk to most -- even rudy giuliani -- stuart: here's the question, would you control guns more strictly? >> absolutely. even rudy giuliani when he was mayor would tell you they don't want handguns in the city and they don't want people to have have semiautomatic weapons, military style weapons because it harms the police officers. i do think in urban environments you need to have really strict limitations. stuart: i come from england; right? property crimes, burglaries breaking and entering five times higher in england than in america because in america you break into somebody's house, you can get your head blown off, that's not true in england. >> if you're caught with a gun on a street, i would have very strict laws against that. you can have a gun in your house. stuart: that's interesting. the highlight reel everyone. it's coming up next. you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gavisco
but it's very different in a rural environment to have guns than in an urban environment to have guns. that's where i have the concern. and if you talk to most -- even rudy giuliani -- stuart: here's the question, would you control guns more strictly? >> absolutely. even rudy giuliani when he was mayor would tell you they don't want handguns in the city and they don't want people to have have semiautomatic weapons, military style weapons because it harms the police officers. i do think in...
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Dec 11, 2012
12/12
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this is the environment. it bodes very well. another winning day here on wall street. drug stocks, bank stocks doing well. the vix, the fear index, is to the downside. let's take a look at urban outfitters. taking a look at their quarterly sales. they are looking better than expected. under their umbrella is a name brand that a lot of the teenagers know very well. they had a good block friday. urban outfitters is up over two dollars. back to you. connell: as we get close to this fiscal cliff, both sides agreeing to get serious. we have heard the house speaker will update us on the talks within that hour from house floor. we will hear what speaker banner has to say. joining us right now are to congressman. would you vote if there was an agreement? >> i think it will be a balanced plan that will increase revenues by raising the rates on upper income families, but, at the same time, agreeing to substantial cuts. connell: the reason i started by asking that question is because i am sure it is frustrating, the members of congress to not be involved in this. this is two guys
this is the environment. it bodes very well. another winning day here on wall street. drug stocks, bank stocks doing well. the vix, the fear index, is to the downside. let's take a look at urban outfitters. taking a look at their quarterly sales. they are looking better than expected. under their umbrella is a name brand that a lot of the teenagers know very well. they had a good block friday. urban outfitters is up over two dollars. back to you. connell: as we get close to this fiscal cliff,...
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Dec 12, 2012
12/12
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FOXNEWSW
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it's hard to see opportunity in today's challenging environment. unless you have the right perspective. bny mellon wealth management has the vision and experience to look beyond the obvious. we'll uncover opportunities, find hidden risk, and make success a reality. bny mellon wealth management from president obama against the bill. this marks a major shift of momentum for the g.o.p. states all across america are now forced to deal with crippling debt and spending. and the man rumored to be running for chairman of the republican national committee, jc watts. how are you? >> what do you say, mr. hannity. i'm doing well. >> i see you have a bowl game coming up in memphis this year, congratulations. >> actually the tulsa hurricanes. the sooners are going to be in dallas versus johnny football january 24ing. >> sorry, i messed it up. >> that's okay. i forgive you. >> all right. let's -- notre dame is going to be beat alabama. we have a battle in the hannity household. >> your wife is probably going to win that argument. >> we are wasting time. are you r
it's hard to see opportunity in today's challenging environment. unless you have the right perspective. bny mellon wealth management has the vision and experience to look beyond the obvious. we'll uncover opportunities, find hidden risk, and make success a reality. bny mellon wealth management from president obama against the bill. this marks a major shift of momentum for the g.o.p. states all across america are now forced to deal with crippling debt and spending. and the man rumored to be...